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Author Topic: I lost all my crypto gains this not fair!  (Read 14550 times)
charlieargentina (OP)
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May 22, 2021, 12:07:27 PM
 #1

I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?
AicecreaME
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May 22, 2021, 12:11:47 PM
 #2

You didn't lose anything but the possible profits you have made if you sold it out when the price was still okay, however, it is your fault because you were aiming on much higher that didn't reach by the market this month, so probably you should hodl your cryptocurrency and wait if it going to have a comeback this month or next month. Don't do panic selling, chill your ass in your room and always be updated on what's going on with the coins you have.
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May 22, 2021, 12:12:52 PM
 #3

You are at a 50% loss, if it was me, I would continue hodling it but the decision is up to you as to how you are going to deal with this. Always remember that the charts of a lot of crypto in the market only goes up in the long-term, look at bitcoin during the 2018 winter and compare it to what is happening now, it is pretty much higher than the past.

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May 22, 2021, 12:13:28 PM
 #4

Next time, set a goal where you would sell, put it into an order, go fishing or sleeping, come back when order was filled= PROFIT!

Bitcoin is not a bubble, it's the pin!
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May 22, 2021, 12:23:39 PM
 #5

Next time, set a goal where you would sell, put it into an order, go fishing or sleeping, come back when order was filled= PROFIT!
That's what I would've done in that situation but good thing that I am in the market for a long-term and I have already set a price as to when will I sell my bitcoin and other altcoins, it may take years but I will pray to our God Sminem to bless me with a diamond hands. I have to say to you OP that your losses will be recoverable if you don't sell it and wait for all the prices to go back up again.

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May 22, 2021, 12:24:30 PM
 #6

I know that feeling. We are all with you who are losing much money in crypto as well due to the bloodbath caused by Elon boy and China. I hold ETH, TRX, ICX, NWC, SHR and other long term coins out there, but I choose not to sell them because I am still in my gains after buying them at cheaper prices last year. Believe me, the crypto market will come back to make another wave of bull run. But it won’t be soon, because it’s unpredictable. You gotta hang in there! Selling them at a loss is not a good idea.

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May 22, 2021, 12:27:58 PM
 #7


I lost a lot of money on crypto more than 8000$

Is it recoverble this year?

As mentioned by earlier messages, you should have planned well on when to sell your cryptos. Most investors who enter with the sole aim to trade cryptos generally lose out since they didnt sell at the right moment.

With regards to your investments, these are some of the best cryptocurrencies and it is likely that you will break even back again in few months.

Or let's hope Elon tweets something very positive about crypto and the markets react to it.

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virtualdn
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May 22, 2021, 12:30:30 PM
 #8


I lost a lot of money on crypto more than 8000$

Is it recoverble this year?

As mentioned by earlier messages, you should have planned well on when to sell your cryptos. Most investors who enter with the sole aim to trade cryptos generally lose out since they didnt sell at the right moment.

With regards to your investments, these are some of the best cryptocurrencies and it is likely that you will break even back again in few months.

Or let's hope Elon tweets something very positive about crypto and the markets react to it.

Stop it. What's this dumb thing with "Elon posts something"; you guys are relying on this clown to increase your finances, how dumb is that? Use your own mind, I can't believe it, what's going on with this world, it gets worse every day!

1 BTC = 1 BTC
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May 22, 2021, 12:32:19 PM
 #9

Mismanagement of funds! I had the same situation too. I was able to gain 5x within 2 months from my initial BTC sale. But after two wrong trade, I lost half of the amount almost. Sadly
I don’t think you can recover it anymore unless you are a good trader. Instead, try to stay away from trading. Otherwise, you will get panicked, have stress too.

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May 22, 2021, 12:39:37 PM
 #10


I lost a lot of money on crypto more than 8000$

Is it recoverble this year?

As mentioned by earlier messages, you should have planned well on when to sell your cryptos. Most investors who enter with the sole aim to trade cryptos generally lose out since they didnt sell at the right moment.

With regards to your investments, these are some of the best cryptocurrencies and it is likely that you will break even back again in few months.

Or let's hope Elon tweets something very positive about crypto and the markets react to it.

Since we don't know the "right moment" it is really the best to define how much profit you want to earn. Quick bucks give you a low roi, like 20-25%.If you can afford to wait, you can easily double your money mid term. I would aim for quick shots now. Price is relatively low comared to ath. If it goes down, buy more.

Bitcoin is not a bubble, it's the pin!
+++ GPG Public key FFBD756C24B54962E6A772EA1C680D74DB714D40 +++ http://pgp.mit.edu/pks/lookup?op=get&search=0x1C680D74DB714D40
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May 22, 2021, 12:44:24 PM
 #11

I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?
^ You have lost only the value of towards dollars in your portfolio but you are still holding the same amount, if you have 1 BTC, 100 ADA, and 5 ETH, they are still the same amount, if you can wait a long time, there is nothing you called loose. However, from the start you should know this already, investing in crypto is very risky because of its nature of high volatility. For now, the market was experienced a huge correction and it will probably take more time before it will recover. If you can wait for a perfect time, for sure your profit was there.
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May 22, 2021, 12:45:26 PM
 #12

I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?
It is really regretting but to assess this situation, there is nothing to blame but just yourself. Why you never sell it when the price is still high?
It is common problem to us is that we usually think positively, we neglect to think about a possible dump.

There is nothing to talk about negatively and putting yourselves for this. There is a time like this in crypto and since we never knew what will happens next, we mostly think that there is more. However, it didn't look so good, and the market will not give us a favor all the time.

Take this as a sort of learning and in this way, it helps for you to understand what is crypto investment.

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May 22, 2021, 12:47:01 PM
 #13

Here's $3000 in free crypto, the site is 100 days old and is already top 100K range on alexa, a huge thing

It buys a famous artists NFT Art Token

Plus if you want to login 24 times a day, you make $240 a day
Earn reading articles and stuff

Anyway, get your $3000 and buy an ART NFT then sell on marketplace and get $3000 ethereum

Then cash it out at coinbase

Best coin right now IMO, a stable coin with a fiat exist for thousands

Nothing like it was ever done before

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Fortify
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May 22, 2021, 12:47:16 PM
 #14

I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?

Nobody can predict the future, crypto is a highly risky asset and you should only have money in it that you can afford to lose. Until you sell your crypto and convert it into cash or a much lower risk asset, then you your gains are all imaginary, as you've seen they can disappear just as easily as they appeared. If you cannot handle the stress of wide fluctuations or determine an valuation independently then cryptocoins are the last place you should put any money. If you think the currencies your holding are worth the higher valuations then just simply wait for the price to recover. Much like stocks,  it's best to avoid putting money in that you'll need quick access to in the next 5 years.

R


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May 22, 2021, 12:54:34 PM
 #15

I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?


You should be aware , you gained or lost nothing until you click sell.

Crypto is on a 3 to 5 year cycle , so you need to decide what timeframe is acceptable to you.

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May 22, 2021, 12:58:22 PM
 #16

Or let's hope Elon tweets something very positive about crypto and the markets react to it.

This is a dumb thing to say. The crypto world doesn't revolve around one man's twitter account.
Bitcoin wasn't created by Musk, and it's likely to exist in the future, as it has existed before Musk. Whatever he says doesn't affect its underlying fundamentals.

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May 22, 2021, 01:23:36 PM
 #17

Or let's hope Elon tweets something very positive about crypto and the markets react to it.

This is a dumb thing to say. The crypto world doesn't revolve around one man's twitter account.
Bitcoin wasn't created by Musk, and it's likely to exist in the future, as it has existed before Musk. Whatever he says doesn't affect its underlying fundamentals.

The power wasting fundamental of bitcoin has been ignored by bitcoiners since 2013,
you should be blaming bitcoiners for refusing to evolve, not Musk for pointing out bitcoin major flaw.

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May 22, 2021, 01:29:07 PM
 #18

I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?

If you are holding these coins in spot, then you don't need to worry. They will recover but you cannot say that this is not fair. This is a free trading marketplace where you can gain money and also lose money. If you are at a loss , then don't blame anyone , rather try to learn from your mistakes and avoid those in the future.
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May 22, 2021, 01:39:35 PM
 #19

You needed to fix a profit, because no one knows when a cryptocurrency correction may start and therefore you always need to carefully monitor both the cryptocurrency market and your investments, but it is not yet clear what will happen next with the cryptocurrency market, so there is no point in guessing what will happen further, you just need to get ready for everything and therefore you need to devote more time to cryptocurrencies, because at any moment another rise of cryptocurrencies or cryptocurrencies fall can begin.
Hypnosis00
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May 22, 2021, 01:51:29 PM
 #20

I had 3k on pancakeswap and did almost 4x now is return to break even.
I had Ethereum 4.7 now its 2k
I had ada $2 now is 1.5
Also I lost in ogn

I lost a lot of money on crypto more than 8000$

Is it recoverble this year?
Well, I hope so but not sure with the market if it bounces back high again as we can see that most of the altcoins are declining.

Losing $8,000 is no joke at all. There are only 2 options that you need to think and that is to sell or hold. If you sell it now, you may save some but if you just hold, still not sure of the outcomes.

This gonna be a break-even, it is really hard to predict but if you have faith and trust in these coins, then holding might be good. But don't get mad as the recovery will take time.
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